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Latest News (AP)

Stocks slide as Fed says bond purchases could slow

|Tuesday, Jun. 18, 2013

Stocks are closing sharply lower and bond yields are rising after Fed Chairman Ben Bernanke said the central bank could slow its massive bond purchases this year.

Fed suggests it's closer to slowing bond purchases

| |Wednesday, Jun. 19, 2013

Chairman Ben Bernanke ended weeks of speculation Wednesday by saying the Federal Reserve will likely slow its bond-buying program later this year and end it next year if the economy continues to improve.

Bernanke declines to address future at the Fed

| |Wednesday, Jun. 19, 2013

Ben Bernanke declined Wednesday to address speculation that he will step down as chairman of the Federal Reserve in January when his term ends, saying he wanted to keep the attention on Fed policy.

Bernanke: Fed could reduce bond buys this year

| |Wednesday, Jun. 19, 2013

Chairman Ben Bernanke says the Federal Reserve could scale back its $85 billion in monthly bond purchases later this year if the economy continues to improve.

Stock market falls as traders fear end of stimulus

| |Wednesday, Jun. 19, 2013

Financial markets shuddered Wednesday after the Federal Reserve said it could start scaling back its huge bond-buying program later this year and end it by the middle of 2014.

Tropical Storm Barry forms off Mexican coast

|Wednesday, Jun. 19, 2013

Forecasters say Tropical Storm Barry has formed off the southeastern Mexican coast.

Fed foresees lower US unemployment rate

| |Wednesday, Jun. 19, 2013

The Federal Reserve expects the U.S. unemployment rate to fall faster this year and next than it did in March.

Fed suggests it's closer to slowing bond purchases

| |Wednesday, Jun. 19, 2013

The Federal Reserve signaled Wednesday that it's moving closer to slowing its bond-buying program, which is intended to keep long-term interest rates at record lows.

Woods to rest elbow, skip AT&T National

| |Wednesday, Jun. 19, 2013

Tiger Woods' sore left elbow will keep him out of competition until the British Open.

US and Cuba to resume migration talks

| |Wednesday, Jun. 19, 2013

The United States and Cuba have agreed to resume bilateral talks on migration issues next month, a State Department official said Wednesday, the latest evidence of a thaw in chilly relations between the Cold War enemies.